MBHI was turned over to a conservator. That means it's under Federal control. A conservator does not liquidate ! He will make a recomendation to a federal judge. If he recomends that MBHI should be conserved as the FDIC has already recomended, then MBHI will join the ranks of FNM and FRE. If not , then MBHI will move to a BK or buy out.
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